Israel Englander

Rank: 13

Firm:
Millennium Management

Headquarters:
New York

Earnings:
$190 million

Englander
doesn’t charge management fees and he only earns fees in years in which he
produces positive returns. 2011 was one of those years. Millennium
International and Millennium USA returned 8.45% and 8.67% net of fees. The
$14.75 billion firm has produced annualized net returns of 15% since 1990,
suffering its sole down year in 2008.